PPRuNe Forums - View Single Post - PSA: Private aviation is booming right now
Old 16th Sep 2020, 20:28
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Moonwalker
 
Join Date: Feb 2008
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At the moment, without having seen any stats, I would say something you generally don't want to be on in the long term. I presume the booming market is the entry level jets, "small cabins". No one starts to fly a Gulfstream 650 as a first private jet. Another thing is that even the small cabin type ratings can be very expensive, especially the recurrent which quite often is nearly the same price as an entire new type rating. To give you an example, a recurrent for a Gulfstream 650 and Global 7500 lies around 80 000 USD... for a LPC renewal..............Initial around 130-140 000 USD.
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